Strive, Inc. is a financial-services company operating at the intersection of asset management, corporate governance, structured finance, and digital-asset treasury management. The business was founded in 2022 by Vivek Ramaswamy and Anson Frericks, initially with a stated mission to depoliticize corporate America and restore the influence of ordinary shareholders. Its ...Strive, Inc. is a financial-services company operating at the intersection of asset management, corporate governance, structured finance, and digital-asset treasury management. The business was founded in 2022 by Vivek Ramaswamy and Anson Frericks, initially with a stated mission to depoliticize corporate America and restore the influence of ordinary shareholders. Its historical activities included investment advisory services, exchange-traded funds and other investment products, fund distribution, direct indexing, shareholder engagement, proxy voting, and corporate-governance services. The company developed investment offerings intended to give clients exposure to particular sectors, actively managed strategies, and customized portfolios while using shareholder rights to influence corporate behavior.
After completing its merger with Asset Entities in September 2025, Strive repositioned itself as a publicly traded Bitcoin Treasury Corporation. Its principal strategic objective is to increase Bitcoin holdings per share, making that metric a central consideration in capital allocation. The company may use equity issuance, debt financing, cash resources, operating activities, and other structured-finance methods to acquire Bitcoin, although the effectiveness of this model depends heavily on market conditions, financing availability, dilution, Bitcoin price volatility, custody arrangements, regulatory developments, and the relationship between the company's market value and the value of its digital-asset holdings. Unlike a conventional manufacturer, Strive has no meaningful physical bill of materials, factory network, or inventory-based production cost structure. Its principal costs are more likely to include employee compensation, professional and legal fees, compliance and regulatory expenses, technology and operating costs, financing costs, asset custody, transaction costs, and public-company administration.
The supplied financial snapshot identifies Strive as an asset manager in the Financial Services sector, with headquarters at 100 Crescent Court, Dallas, Texas. It reports 28 full-time employees, placing the company in the 0-100 employee category. Matthew Ryan Cole serves as Chairman and Chief Executive Officer; other identified leadership includes Ben Pham as Chief Financial Officer, Logan Beirne as Chief Legal Officer, and Jeff Walton as Chief Risk Officer and CEO of True North. Strive's reported market capitalization was approximately $1.25 billion in the supplied snapshot, while revenue was comparatively limited and profitability metrics were negative. The data showed negative trailing operating cash flow, free cash flow, EBITDA, and net income, alongside substantial liquidity indicators and low reported debt relative to assets. These figures suggest that investors primarily evaluate Strive through its Bitcoin-per-share strategy, treasury growth, financing structure, asset-management potential, and governance execution rather than through mature operating earnings. The company's stated long-term aspiration is to build a differentiated public-market vehicle that combines investment-management capabilities with disciplined Bitcoin accumulation and shareholder-focused capital allocation.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$5.7M
+805.1%
+6.6%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-420.6M
-6477.9%
-6.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+96.2%
-3.8%
-570.0%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-763.1%
+24.5%
-12.7%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-7335.0%
-626.7%
-0.2%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-21.6M
-341.2%
+27.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-377.0%
+51.3%
+32.1%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.5%
—
-79.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
6.66x
+6.4%
-33.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.